Pacific Green (PGTK) 10-Q 14 Aug 23 2024 Q1 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	3 Months Ended
	Jun. 30, 2023	Aug. 14, 2023
Document Information Line Items
Entity Registrant Name	PACIFIC GREEN TECHNOLOGIES INC.
Trading Symbol	PGTK
Document Type	10-Q
Current Fiscal Year End Date	--03-31
Entity Common Stock, Shares Outstanding		49,970,724
Amendment Flag	false
Entity Central Index Key	0001553404
Entity Current Reporting Status	Yes
Entity Filer Category	Non-accelerated Filer
Document Period End Date	Jun. 30, 2023
Document Fiscal Year Focus	2024
Document Fiscal Period Focus	Q1
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Document Quarterly Report	true
Document Transition Report	false
Entity File Number	000-54756
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	36-4966163
Entity Address, Address Line One	Suite 10212
Entity Address, Address Line Two	8 The Green
Entity Address, City or Town	Dover
Entity Address, State or Province	DE
Entity Address, Postal Zip Code	19901
City Area Code	(302)
Local Phone Number	601-4659
Title of 12(b) Security	Common Stock
Security Exchange Name	NONE
Entity Interactive Data Current	Yes

Condensed Consolidated Interim

Condensed Consolidated Interim Balance Sheets (Unaudited) - USD ($)	Jun. 30, 2023	Mar. 31, 2023
ASSETS
Cash and cash equivalents	$ 8,268,995	$ 1,160,358
Short-term investments and amounts in escrow (Note 3)		56,483
Accounts receivable, net of allowance for doubtful accounts of $28,733 and $97,640 at June 30, 2023 and March 31, 2023, respectively	1,327,538	886,663
Other receivables, net of allowance for doubtful accounts of $nil and $3,951 at June 30, 2023 and March 31, 2023, respectively	27,356	359,461
Accrued revenue (Note 11)	515,294	504,766
Prepaid expenses and parts inventory	811,541	325,788
Prepaid manufacturing costs (Note 11)	565,284	463,815
Total Current Assets	11,516,008	3,757,334
Asset held for sale (Note 4)		18,569,060
Project under development (Note 4)	522,293	39,970
Property and equipment (Note 5)	778,145	849,209
Intangible assets (Note 6)	6,452,739	6,706,484
Right of use asset	258,925	350,429
Security deposits and other advances	218,958	293,680
Total Assets	19,747,068	30,566,166
Current Liabilities
Liabilities held for sale (Note 4)	285,111
Accounts payable and accrued liabilities (Note 12)	4,822,089	3,388,733
Warranty provision (Note 15)	443,300	580,530
Contract liabilities (Note 10)	9,935,889	8,751,125
Loans payable (Note 14)		2,459,146
Current portion of lease obligations	46,543	145,437
Due to related parties (Note 16)	259,773	213,020
Total Current Liabilities	15,792,705	15,537,991
Other long-term obligation	65,906	127,974
Long-term operating lease obligation	31,876	84,621
Total Liabilities	15,890,487	15,750,586
Stockholders’ Equity
Preferred stock, 10,000,000 shares authorized, $0.001 par value nil and nil shares issued and outstanding at June 30, 2023 and March 31, 2023, respectively
Common stock, 500,000,000 shares authorized, $0.001 par value 49,970,724 and 47,276,886 shares issued and outstanding at June 30, 2023 and March 31, 2023, respectively	49,971	47,277
Additional paid-in capital	94,517,998	93,107,946
Accumulated other comprehensive income	3,099,993	2,944,086
Deficit	(93,662,668)	(96,847,650)
Total stockholders’ equity before treasury stock	4,005,294	(748,341)
Treasury stock, at cost, nil shares and 56,162 shares at June 30, 2023 and March 31, 2023, respectively		(99,754)
Total Stockholders’ Equity	4,005,294	(848,095)
Noncontrolling interest (Note 9)	(148,713)	15,663,675
Total Equity	3,856,581	14,815,580
Total Liabilities and Stockholders’ Equity	$ 19,747,068	$ 30,566,166

Condensed Consolidated Interi_2

Condensed Consolidated Interim Balance Sheets (Unaudited) (Parentheticals) - USD ($)	Jun. 30, 2023	Mar. 31, 2023
Statement of Financial Position [Abstract]
Net of allowance for doubtful account (in Dollars)	$ 28,733	$ 97,640
Other receivable for doubtful account (in Dollars)		$ 3,951
Preferred stock, par value (in Dollars per share)	$ 0.001	$ 0.001
Preferred stock, shares authorized	10,000,000	10,000,000
Preferred stock, shares issued
Preferred stock, shares outstanding
Common stock, shares authorized	500,000,000	500,000,000
Common stock, par value (in Dollars per share)	$ 0.001	$ 0.001
Common stock, shares issued	49,970,724	47,276,886
Common stock, shares outstanding	49,970,724	47,276,886
Treasury stock, shares		56,162

Condensed Consolidated Interi_3

Condensed Consolidated Interim Statements of Operations and Comprehensive Income (Loss) (Unaudited) - USD ($)		3 Months Ended
		Jun. 30, 2023	Jun. 30, 2022
Sales (Note 10)
Total Revenues		$ 1,188,838	$ 2,023,876
Cost of goods sold (Note 10)
Total Cost of goods sold		1,217,763	1,228,543
Gross (loss) / profit		(28,925)	795,333
Expenses
Advertising and promotion		104,150	143,267
Amortization of intangible assets (Note 6)		679	688
Bad Debts Expense (recovery)		11,477
Depreciation (Note 5)		37,120	53,584
Foreign exchange loss		812,372	497,696
Management and technical consulting		5,231,250	989,084
Operating lease expense (Note 19)		123,923	109,737
Office and miscellaneous		433,494	462,769
Professional fees		36,014	287,025
Research and development		32,197	13,772
Salaries and wage expenses		897,008	982,914
Transfer agent and filing fees		15,734	13,754
Travel and accommodation		119,358	190,767
Warranty and related (income) / expense (Note 15)		(35,320)	181,600
Total expenses		7,819,456	3,926,657
(Loss) before other income (expense)		(7,848,381)	(3,131,324)
Other income (expense)
Financing interest income		1,039	46,269
Gain on derecognition of a subsidiary		12,119,097
Interest (expense) and other		(1,308,970)	(38,351)
Total other income		10,811,166	7,918
Net income /(loss) for the period before noncontrolling interest		2,962,785	(3,123,406)
Net (loss) /income attributable to noncontrolling interest (Note 9)		(325,454)	135,824
Net income /(loss) for the period		3,288,239	(3,259,230)
Other comprehensive income
Foreign currency translation gain /(loss)		155,907	(384,835)
Comprehensive income/(loss) for the period		$ 3,444,146	$ (3,644,065)
Net earnings / (loss) per share, basic (in Dollars per share)		$ 0.06	$ (0.07)
Net earnings / (loss) per share, diluted (in Dollars per share)		$ 0.06	$ (0.07)
Weighted average number of shares outstanding, basic (in Shares)	[1]	47,654,627	47,339,386
Weighted average number of shares outstanding, diluted (in Shares)		47,654,627	47,339,386
Products
Sales (Note 10)
Total Revenues			$ 1,655,158
Cost of goods sold (Note 10)
Total Cost of goods sold		191,856	987,207
Services
Sales (Note 10)
Total Revenues		1,188,838	368,718
Cost of goods sold (Note 10)
Total Cost of goods sold		$ 1,025,907	$ 241,336
[1] The period ended June 30, 2023, includes 210,000 (2022 – 312,500) stock options as they are exercisable at any time and for nominal cash consideration.

Condensed Consolidated Interi_4

Condensed Consolidated Interim Statements of Stockholders Equity (Unaudited) - USD ($)	Common Stock	Additional Paid-in Capital	Accumulated Other Comprehensive Income	Treasury Stock	Noncontrolling Interest	Deficit	Total
Balance at Mar. 31, 2022	$ 47,027	$ 92,429,203	$ 2,035,666	$ (99,754)	$ 10,361,701	$ (85,530,306)	$ 19,243,537
Balance (in Shares) at Mar. 31, 2022	47,026,886
Fair value of options granted		17,718					17,718
Noncontrolling interest					67,571		67,571
Foreign exchange translation gain/ (loss)			(384,835)				(384,835)
Net (loss) for the period						(3,259,230)	(3,259,230)
Balance at Jun. 30, 2022	$ 47,027	92,446,921	1,650,831	(99,754)	10,429,272	(88,789,536)	15,684,761
Balance (in Shares) at Jun. 30, 2022	47,026,886
Balance at Mar. 31, 2023	$ 47,277	93,107,946	2,944,086	(99,754)	15,663,675	(96,847,650)	14,815,580
Balance (in Shares) at Mar. 31, 2023	47,276,886
Shares issued for employee services	$ 2,750	1,509,750					1,512,500
Shares issued for employee services (in Shares)	2,750,000
Cancellation of treasury stock	$ (56)	(99,698)		99,754
Cancellation of treasury stock (in Shares)	(56,162)
Elimination of Noncontrolling interest					(15,590,191)		(15,590,191)
Transfer					103,257	(103,257)
Foreign exchange translation gain/ (loss)			155,907				155,907
Net (loss) for the period					(325,454)	3,288,239	2,962,785
Balance at Jun. 30, 2023	$ 49,971	$ 94,517,998	$ 3,099,993		$ (148,713)	$ (93,662,668)	$ 3,856,581
Balance (in Shares) at Jun. 30, 2023	49,970,724

Condensed Consolidated Interi_5

Condensed Consolidated Interim Statements of Cash Flows (Unaudited) - USD ($)	3 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Operating Activities
Net income / (loss) for the period	$ 3,288,239	$ (3,259,230)
Adjustments to reconcile net loss to net cash used in operating activities:
Amortization of intangible assets (Note 6)	253,473	220,055
Bad debt expense/ (recovery)	11,477
Depreciation (Note 5)	37,120	53,584
Fair value of stock options granted		17,718
Financing interest	1,020,815	(46,269)
(Gain)/ loss on unrealized foreign exchange	(6,196)	737,833
Operating lease expense	70,971	109,737
Other adjustments relating to disposal of subsidiary	(682,917)
Gain on disposal of REP and BEP1	(12,119,097)
Share based payments	1,512,500
Changes in operating assets and liabilities:
Short-term investments and amounts held in trust	56,483	(450,152)
Accounts receivable and other receivables	(1,195,285)	12,406,327
Accrued revenue	(10,528)	219,558
Prepaid expenses and parts inventory	(615,048)	(666,321)
Security deposit	60,602	35,851
Lease payments	(160,561)	(235,502)
Prepaid manufacturing costs	(101,469)	(40,907)
Accounts payable and accrued liabilities	1,380,452	(3,237,082)
Warranty provision	(137,230)	65,845
Contract liabilities	1,184,764	302,036
Due to related parties	46,753	78,946
Net Cash (Used in) / Provided by Operating Activities	(6,104,682)	6,312,027
Investing Activities
Additions of property and equipment	(3,215)	(9,052)
Projects under development	(7,709,269)	(6,969,934)
Proceeds from disposal of subsidiaries	13,978,850
Net Cash Provided by / (Used in) Investing Activities	6,266,366	(6,978,986)
Financing Activities
Loans Paid - Principal	(2,359,654)
Loans Paid – Interest	(479,919)
Long term obligations – Disposal of debt through sale of assets (Note 8)	9,517,372
Net Cash Provided by Financing Activities	6,677,799
Effect of Foreign Exchange Rate Changes on Cash	199,535	(1,121,995)
Change in Cash and Cash Equivalents	7,039,018	(1,788,954)
Cash and Cash Equivalents, Beginning of Period	1,273,738	6,286,468
Cash and Cash Equivalents, End of Period	8,312,756	4,497,514
Cash and Cash Equivalent	8,268,995	4,497,514
Cash classified as available for sale	43,761
Cash and Cash Equivalent total	$ 8,312,756	$ 4,497,514

Nature of Operations

Nature of Operations	3 Months Ended
	Jun. 30, 2023
Nature of Operations [Abstract]
Nature of Operations	1. Nature of Operations Pacific Green Technologies Inc. (the “Company”) was incorporated in the state of Delaware, USA on March 10, 1994. The Company is in the business of acquiring, developing, and marketing environmental technologies, with a focus on emission control technologies. The condensed consolidated interim financial statements of the Company should be read in conjunction with the consolidated financial statements and accompanying notes filed with the U.S. Securities and Exchange Commission in the Company’s Annual Report on Form 10-K for the fiscal year ended March 31, 2023. In the opinion of management, the accompanying condensed consolidated interim financial statements reflect all adjustments of a recurring nature considered necessary to present fairly the Company’s financial position and the results of its operations and its cash flows for the periods shown. The preparation of these condensed consolidated interim financial statements in accordance with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the amounts reported. Actual results could differ materially from those estimates. The results of operations and cash flows for the periods shown are not necessarily indicative of the results to be expected for the full year.

Significant Accounting Policies

Significant Accounting Policies	3 Months Ended
	Jun. 30, 2023
Significant Accounting Policies [Abstract]
Significant Accounting Policies	2. Significant Accounting Policies (a) Basis of Presentation These consolidated financial statements and related notes are presented in accordance with accounting principles generally accepted in the United States of America and are expressed in U.S. dollars. The following accounting policies are consistently applied in the preparation of the consolidated financial statements. These consolidated financial statements include the accounts of the Company and the following entities: Pacific Green Innoergy Technologies Ltd. (“Innoergy”) (Formerly Innoergy Ltd.) Wholly-owned subsidiary Pacific Green Marine Technologies Group Inc. (“PGMG”) Wholly-owned subsidiary Pacific Green Marine Technologies Inc. (“PGMT US”) Wholly-owned subsidiary of PGMG Pacific Green Technologies (UK) Ltd. (Formerly Pacific Green Marine Technologies Ltd.) (“PGTU”) Wholly-owned subsidiary of PGMG Pacific Green Technologies (Canada) Inc. (“PGT Can”) (Formerly Pacific Green Marine Technologies Inc.) Wholly-owned subsidiary of PGMG Pacific Green Technologies (Middle East) Holdings Ltd. (“PGTME”) Wholly-owned subsidiary Pacific Green Technologies Arabia LLC (“PGTAL”) 70% owned subsidiary of PGTME Pacific Green Marine Technologies (USA) Inc. (inactive) Dissolved, December 21, 2022 Pacific Green Solar Technologies Inc. (“PGST”) Wholly-owned subsidiary Pacific Green Corporate Development Inc. (“PGCD”) (Formerly Pacific Green Hydrogen Technologies Inc.) Dissolved, December 21, 2022 Pacific Green Wind Technologies Inc (“PGWT”) Dissolved, December 21, 2022 Pacific Green Technologies International Ltd. (“PGTIL”) Wholly-owned subsidiary Pacific Green Technologies Asia Ltd.(“PGTA”) Wholly-owned subsidiary of PGTIL Pacific Green Technologies Engineering Services Limited (Formerly Pacific Green Technologies China Ltd. (“PGTESL”) Wholly-owned subsidiary of PGTA Pacific Green Technologies (Shanghai) Co. Ltd. (“Engin”) (Formerly Shanghai Engin Digital Technology Co. Ltd) Wholly-owned subsidiary Guangdong Northeast Power Engineering Design Co. Ltd. (“GNPE”) Wholly-owned subsidiary of ENGIN Pacific Green Energy Parks Inc. (“PGEP”) Wholly-owned subsidiary Pacific Green Energy Storage Technologies Inc. (“PGEST”) Wholly-owned subsidiary of PGEP Pacific Green Technologies (Australia) Pty Ltd. (“PGTAPL”) Wholly-owned subsidiary of PGEP Pacific Green Energy Storage (UK) Ltd. (“PGESU”) (Formerly Pacific Green Marine Technologies Trading Ltd.) Wholly-owned subsidiary of PGEP Pacific Green Energy Parks (UK) Ltd. (“PGEPU”) Wholly-owned subsidiary of PGEP Pacific Green Battery Energy Parks 2 Ltd. (“PGBEP2”) Wholly-owned subsidiary of PGEPU Sheaf Energy Ltd. (“Sheaf”) Wholly-owned subsidiary of PGBEP2 Pacific Green Portland West Pty Ltd. (“PGPW”) Wholly-owned subsidiary of PGTAPL Pacific Green Portland East Pty Ltd. (“PGPE”) Wholly-owned subsidiary of PGTAPL Pacific Green Energy Park Portland Pty Ltd. (“PGEPP”) Wholly-owned subsidiary of PGTAPL Pacific Green Energy Parks Australia Pty Ltd. (“PGEPA”) Wholly-owned subsidiary of PGTAPL Pacific Green Energy Park Limestone Coast North Pty Ltd. (“PGEPLCN”) Wholly-owned subsidiary of PGTAPL Pacific Green Energy Park Limestone Coast West Pty Ltd. (“PGEPLCW”) Wholly-owned subsidiary of PGTAPL Pacific Green Limestone Coast Pty Ltd. (“PGLC”) Wholly-owned subsidiary of PGTAPL Pacific Green Battery Energy Parks 1 Ltd. (“PGBEP1”) Wholly-owned subsidiary until June 26, 2023. Operations were consolidated until disposal date Richborough Energy Park Ltd. (“Richborough”) Wholly-owned subsidiary until June 26, 2023. Operations were consolidated until disposal date All inter-company balances and transactions have been eliminated upon consolidation. (b) Recent Accounting Pronouncements In June 2016, the FASB issued ASU 2016-13, Financial Instruments – Credit Losses. The ASU sets forth a “current expected credit loss” (CECL) model which requires the Company to measure all expected credit losses for financial instruments held at the reporting date based on historical experience, current conditions, and reasonable supportable forecasts. This replaces the existing incurred loss model and is applicable to the measurement of credit losses on financial assets measured at amortized cost and applies to some off-balance sheet credit exposures. As a smaller reporting company, this ASU is effective for fiscal years beginning after January 1, 2023, including interim periods within those fiscal years. The Company calculated an effect of $28,000 upon adoption of this guidance on April 1, 2023. Given the immaterial nature of the effect, the adoption was booked as an expense in the current period statement of income rather than a cumulative effect through retained earnings. The Company has implemented all new accounting pronouncements that are in effect and that may impact its consolidated financial statements and management does not believe that there are any other new accounting pronouncements that have been issued that might have a material impact on its financial position or results of operations.

Short-Term Investments and Amou

Short-Term Investments and Amounts in Escrow	3 Months Ended
	Jun. 30, 2023
Short-Term Investments and Amounts in Escrow [Abstract]
Short-term Investments and amounts in escrow	3. Short-term Investments and amounts in escrow At June 30, 2023, the Company has $ nil At June 30, 2023, the Company’s solicitor is holding $ nil nil

Assets Held for Sale

Assets Held for Sale	3 Months Ended
	Jun. 30, 2023
Assets Held for Sale [Abstract]
Assets held for Sale	4. Assets held for Sale At June 30 2023, the Company reallocated $285,111 of liabilities related to the BESS projects for PGBEP2 and Sheaf, to Assets held for Sale as the result of the agreement with JLL. To clarify, the Assets held for Sale fulfilled the requirements on March 17, 2023, when all the criteria were satisfied. As at June 30, 2023 the Company was in an exclusive negotiation with a potential buyer of Sheaf Energy Limited. June 30, March 31, Cash 43,761 113,380 Prepaid expenses, parts inventory, and advances – 4,454 Other receivables 66,835 61,576 Projects under development 10,258,377 46,674,258 Security Deposits & Other Advances 88,370 495,602 Rights of use asset – 2,302,049 Accounts payable and accrued liabilities (111,740 ) (638,156 ) Loans payable (10,630,714 ) (10,312,906 ) Long term loan payable – (17,771,173 ) Long-term operating lease obligation – (2,360,024 ) (Liabilities) /Assets held for Sale Total (285,111 ) 18,569,060 After the amount has been reallocated to Assets held for Sale the account “Projects under development” shows a total of $522,293 which is split between $53,648 related to the capitalization of FOWE (Fuel Oil Water Emulsification) development and $468,645 related to capitalization of BESS project in Australia.

Property and Equipment

Property and Equipment	3 Months Ended
	Jun. 30, 2023
Property and Equipment [Abstract]
Property and Equipment	5. Property and Equipment Cost Accumulated June 30, March 31, Building 900,617 (247,425 ) 653,192 708,979 Furniture and equipment 375,429 (252,729 ) 122,699 137,352 Computer equipment 15,101 (14,342 ) 759 885 Leasehold improvements 9,963 (8,469 ) 1,495 1,993 Total 1,301,110 (522,965 ) 778,145 849,209 The Company recorded $37,120 in depreciation expense on property and equipment for the three months ended June 30, 2023 (2022 – $53,584).

Intangible Assets

Intangible Assets	3 Months Ended
	Jun. 30, 2023
Intangible Assets [Abstract]
Intangible Assets	6. Intangible Assets Cost Accumulated Cumulative June 30, Net carrying value $ March 31, Patents and technical information 36,340,057 (9,434,674 ) (20,457,256 ) 6,448,127 6,700,921 Software licensing 11,216 (6,604 ) – 4,612 5,563 Total 36,351,273 (9,441,278 ) (20,457,256 ) 6,452,739 6,706,484 The Company recorded $253,473 of amortization expense on intangible assets for the three months ended June 30, 2023 (2022 – $220,055). The Company has allocated $252,794 (2022 - $219,367) of amortization of patents and technical information to cost of goods sold. The amount remaining in amortization expense is $679 (2022 - $688). Future amortization of intangible assets is as follows based on fiscal year: $ 2024 694,953 2025 948,697 2026 946,220 2027 946,018 2028 946,018 Thereafter 1,970,833 Total 6,452,739

Acquisition of Sheaf Energy Ltd

Acquisition of Sheaf Energy Ltd	3 Months Ended
	Jun. 30, 2023
Acquisition of Sheaf Energy Ltd [Abstract]
Acquisition of Sheaf Energy Ltd	7. Acquisition of Sheaf Energy Ltd. (a) Acquisition of Sheaf Energy Ltd On December 6, 2022, the Company acquired all the issued and outstanding stock of Sheaf Energy Ltd., a United Kingdom company in the business of battery energy storage systems. The purchase consideration included cash payments of a deposit of $415,855 (£373,500) made on July 26, 2021 and $8,710,145 (£7,126,500) made on December 15, 2022. Total purchase consideration was therefore $9,126,000 (£7,500,000). The value attributed to the identifiable assets acquired and liabilities assumed are net working capital of $0, and project under development of $9,126,000 (£7,500,000). (b) Potential sale of Sheaf Energy Ltd. On January 26, 2023, the Company entered into an agreement with Jones Lang LaSalle Limited (“JLL”) for JLL to act as a broker for the sale of the 249MW Battery Storage Project within Sheaf Energy Limited. As at June 30, 2023 the Company was in an exclusive negotiation with a potential buyer of Sheaf Energy Limited.

Disposal of Subsidiaries (REP &

Disposal of Subsidiaries (REP & PGBEP1)	3 Months Ended
	Jun. 30, 2023
Disposal of Subsidiaries [Abstract]
Disposal of Subsidiaries (REP & PGBEP1)	8. Disposal of Subsidiaries (REP & PGBEP1) On June 9, 2023, PGES (UK), a subsidiary of the Company, entered into a sale and purchase agreement (“SPA”), jointly with Green Power Reserves Ltd. (“GPR”) with Sosteneo Fund 1 Holdco Sarl (“Buyer”) to sell the shares of PGBEP 1 to the Buyer. PGBEP 1 is 50% owned by PGES (UK) as a controlling interest subsidiary, while GPR owns the remaining 50% nonredeemable noncontrolling interest. The disposal became unconditional on June 26, 2023. The purchase price paid by the Buyer to PGES (UK) and GPR consisted of £29.9 million ($37.4 million) in initial consideration and an additional £15.1 million ($18.9 million) in performance milestone payments upon successful completion and operations of the BESS projects. The Company does not have a history of completing these types of BESS projects and does not have the information needed to reasonably estimate whether or not performance milestones will be met, accordingly any gain related to these milestone payments will be recorded in the period the consideration is determined to be realizable. As a result of the sale, the Company recognized a net gain on disposal of $12.1million during the quarter ended June 30, 2023. The sale of PGBEP 1 did not represent a strategic shift that would have a major effect on the Company’s operations or financial results, therefore PGBEP 1 is not presented as a discontinued operation. The net income of PGBEP 1 is included in the consolidated statement of operations through the June 26, 2023, disposal date. The assets, liabilities and equity (including non-controlling interest) of PGBEP 1 were deconsolidated effective June 26, 2023. The Company also incurred £0.3 million ($0.4 million) of legal fees and £0.4 million ($0.5 million) of broker fees related to the sale. The gain on sale of PGBEP 1 shares is calculated as follows: GBP FX USD Consideration received (A) 11,258,370 1.2519 14,094,907 Net assets: Cash 116,057 Projects under development 43,642,826 Other assets 3,992,999 Long term AP and accruals (24,830,942 ) Other liabilities & Non-controlling interest (23,406,419 ) Total (B) (485,479 ) Initial Investment in PGBEP (C) 2,461,289 Gain (A)-(B)-(C) 12,119,097 In addition to the derecognition of the balances sold and recognition of the gain on sale of subsidiary, as discussed above, the SPA also includes certain contingent assets and liabilities which have not been recorded in the statement of financial position due to their remote nature. Contingent assets of £15.1 million ($18.9 million) relate to performance milestone payments as discussed above. Contingent liabilities relate to potential liquidated damages for each day that REP 1 and REP 2 are late in achieving energization target dates. The daily amounts are £12,500 ($15,650) and £ 7,500 ($9,390) for REP 1 and REP 2 respectively, up to a maximum of £7.7 million ($9.6 million). Management have noted that liquidated damages under the SPA have been invoked, effective from August 1, 2023 as disclosed in Note 21(b).

Noncontrolling Interest

Noncontrolling Interest	3 Months Ended
	Jun. 30, 2023
Noncontrolling Interest [Abstract]
Noncontrolling Interest	9. Noncontrolling Interest On December 2, 2020, the Company signed a Joint-Venture Agreement with Amr Khashoggi Trading Company Limited (“Amkest Group”) to incorporate a company in the Kingdom of Saudi Arabia for the sale of Pacific Green’s environmental technologies within the region. The Company holds 70% interest in the joint venture. Details of the carrying amount of the noncontrolling interests are as follows: June 30, 2023 $ March 31, 2023 $ Non-redeemable noncontrolling interest – 16,140,339 Net income attributable to noncontrolling interest (BESS) – (354,987 ) Net income attributable to noncontrolling interest (JV) (148,713 ) (121,677 ) Non-controlling interest (148,713 ) 15,663,675 During the period June 30, 2023, Net income attributable to noncontrolling interest was ($ 325, 454

Sales, Prepaid Manufacturing Co

Sales, Prepaid Manufacturing Costs, Cost of Goods Sold, and Contract Liabilities	3 Months Ended
	Jun. 30, 2023
Sales, Prepaid Manufacturing Costs, Cost of Goods Sold, and Contract Liabilities [Abstract]
Sales, Prepaid Manufacturing Costs, Cost of Goods Sold, and Contract Liabilities	10. Sales, Prepaid Manufacturing Costs, Cost of Goods Sold, and Contract Liabilities The Company derives revenue from the sale of products and delivery of services. Revenue disaggregated by type for the three months ended June 30, 2023, and 2022 is as follows: Three Months Three Months Products – 1,655,158 Services 1,188,838 368,718 Total 1,188,838 2,023,876 Revenue from services includes specific services provided to marine scrubber systems as well as design and engineering services for Concentrated Solar Power. Contracts for specific services provided to marine scrubber systems represent maintenance services. Contracts for Concentrated Solar Power include design and engineering services provided to clients. Revenue for service contracts is recognized as the services are provided. Service revenue by type for the three months ended June 30, 2023, and 2022 is as follows: Three Months Three Months Specific services provided to marine scrubber systems 1,047,754 288,904 Design and engineering services for Concentrated Solar Power 141,084 79,814 Total 1,188,838 368,718 The Company has analyzed its sales contracts under ASC 606 and has identified that the percentage of completion of the contract often is not directly correlated with contractual billing terms with customers. As a result of the timing differences between customer sales invoices and percentage of completion of the contract, contractual assets and contractual liabilities have been recognized. Changes in the Company’s contract assets and liabilities for the periods are noted as below: Accrued Prepaid Sales Contract Balance, March 31, 2022 531,947 38,010 (8,143,109 ) Customer receipts and receivables – – – (5,325,921 ) Scrubber sales recognized in revenue 4,717,905 4,717,905 Payments and accruals under contracts (27,181 ) 4,202,264 – – Cost of goods sold recognized in earnings – (3,776,459 ) (3,776,459 ) – Balance, March 31, 2023 504,766 463,815 (8,751,125 ) Customer receipts and receivables – – – (1,184,764 ) Payments and accruals under contracts 10,528 293,324 – – Cost of goods sold recognized in earnings – (191,855 ) (191,855 ) – Balance, June 30, 2023 515,294 565,284 (9,935,889 ) Cost of goods sold for the period ended June 30, 2023 and 2022 is comprised as follows: Three Months Three Months Scrubber (accrual reduction) /costs recognized (90,267 ) 623,166 Salaries and wages 121,049 62,379 Amortization of intangibles 252,794 219,366 Commission type costs 25,853 82,296 Design and engineering services for CSP 58,764 98,968 Specific services provided to marine scrubber systems 849,570 142,368 Total 1,217,763 1,228,543 As of June 30, 2023, Contract liabilities included $8,038,674 (March 31, 2023 - $8,038,674) aggregate cash receipts from one customer relating to thirteen vessels.

Accounts Payable and Accrued Li

Accounts Payable and Accrued Liabilities	3 Months Ended
	Jun. 30, 2023
Accounts payable and accrued liabilities [Abstract]
Accounts payable and accrued liabilities	12. Accounts payable and accrued liabilities June 30, March 31, Accounts payable 2,791,167 692,526 Accrued liabilities 1,677,205 2,349,083 Other liabilities 125,596 127,973 Payroll liabilities 228,121 219,151 Total short-term accounts payable and accrued liabilities 4,822,089 3,388,733 Balance, end of period 4,822,089 3,388,733

Loans Payable

Loans Payable	3 Months Ended
	Jun. 30, 2023
Loans Payable [Abstract]
Loans Payable	13. Loans Payable On June 16, 2022, the Company signed a Facilities Agreement with Close Leasing Limited, for a total of £28.25 million ($34.90 million) for the Richborough project. The Facilities Agreement, governed by English law, is secured by debentures containing fixed and floating charges entered into by one of the Company’s subsidiaries, Richborough Energy Park Limited and its immediate parent Pacific Green Battery Energy Parks 1 Limited, as well as a debt service reserve guarantee entered into by the Company. The Facilities Agreement comprises a development facility at 4.5% above bank base rate until December 31, 2023 at which point it will be reclassified as a 5-year term loan on a 10-year amortization profile, until maturity on December 31, 2028. The term loan will bear interest at 4.5% above bank base rate for 20% of the balance, and a fixed rate of 7.173% for the 5-year period on the remaining 80% of the balance. There is also a revolving credit facility of up to £1.19 million ($1.47 million) available until March 31, 2024. The loan was disposed along with Richborough Energy Park Limited on June 26, 2023. On November 5, 2022, the Company signed an unsecured Loan Agreement with a related party, Alexander Group & Co. Pty Ltd, for a total of $123,690 (£100,000) to partially fund the acquisition of Sheaf Energy Ltd. This constitutes a loan facility bearing interest at 20% per annum until the repayment date of February 4, 2023. On February 7, 2023, the original agreement was extended to August 31, 2023. Upon repayment of the loan, a minimum repayment fee of 20% will be due and payable. At March 31, 2023, repayment fee accrued of $12,162 (£9,833). The loan principal and repayment fee were paid in full on June 20, 2023. On November 5, 2022, the Company signed an unsecured Loan Agreement with Cherryoak Investments Pty Ltd, for a total of $123,690 (£100,000) to partially fund the acquisition of Sheaf Energy Ltd. This constitutes a loan facility bearing interest at 20% per annum until the repayment date of February 3, 2023, after which point interest shall accrue at a rate 2% above the Bank of England base rate. Upon repayment of the loan, a minimum repayment fee of 20% will be due and payable. The loan principal and repayment fee were paid in full on February 2, 2023. On November 5, 2022, the Company signed an unsecured Loan Agreement with a related party, D&L Milne Pty Ltd, for a total of $123,690 (£100,000) to partially fund the acquisition of Sheaf Energy Ltd. This constitutes a loan facility bearing interest at 20% per annum until the repayment date of February 4, 2023. On February 7, 2023, the original agreement was extended to August 31, 2023. Upon repayment of the loan, a minimum repayment fee of 20% will be due and payable. At March 31, 2023, repayment fee accrued of $12,162 (£9,833). The loan principal and repayment fee were paid in full on June 20, 2023. On November 5, 2022, the Company signed an unsecured Loan Agreement with a related party, Gerstle Consulting Pty Ltd, for a total of $123,690 (£100,000) to partially fund the acquisition of Sheaf Energy Ltd. This constitutes a loan facility bearing interest at 20% per annum until the repayment date of February 4, 2023. On February 7, 2023, the original agreement was extended to August 31, 2023. Upon repayment of the loan, a minimum repayment fee of 20% will be due and payable. At March 31, 2023, repayment fee accrued of $12,162 (£9,833). The loan principal and repayment fee were paid in full on June 20, 2023. On November 7, 2022, the Company signed an unsecured Loan Agreement with a related party, Wahnarn 2 Pty Ltd, for a total of $123,690 (£100,000) to partially fund the acquisition of Sheaf Energy Ltd. This constitutes a loan facility bearing interest at 20% per annum until the repayment date of February 4, 2023. On February 7, 2023, the original agreement was extended to August 31, 2023. Upon repayment of the loan, a minimum repayment fee of 20% will be due and payable. At March 31, 2023, repayment fee accrued of $12,077 (£9,764). The loan principal and repayment fee were paid in full on June 20, 2023. On November 8, 2022, the Company signed an unsecured Loan Agreement with a related party, Distributed Generation LLC, for a total of $226,000 (£182,714) to partially fund the acquisition of Sheaf Energy Ltd. This constitutes a loan facility bearing interest at 20% per annum until the repayment date of February 7, 2023. On February 7, 2023, the original agreement was extended to August 31, 2023. Upon repayment of the loan, a minimum repayment fee of 20% will be due and payable. At March 31, 2023, repayment fee accrued of $22,338 (£18,060). The loan principal and repayment fee were paid in full on June 21, 2023. On December 15, 2022, the Company signed a Loan Agreement with Sheaf Storage Limited, for a total of $9,261,789 (£7,500,000) for the acquisition of Sheaf Energy Ltd. The loan is secured on a share pledge over the entire share capital of Sheaf Energy Limited. This constitutes a loan facility bearing no interest until the repayment date of September 15, 2023, at which point interest accrues at 22%. Upon repayment of the loan, a minimum repayment fee of 20% will be due and payable. Upon the sale of Sheaf Energy Ltd, the lender (Sheaf Storage Limited) is entitled to 8% of the net equity proceeds received by the Company. The Company entered into five separate loan agreements under English law with five independent third party lenders: $803,985 (£650,000), $309,225 (£250,000), $247,380 (£200,000) and $154,612 (£125,000) each dated March 9, 2023 and $123,690 (£100,000) dated March 28, 2023. The loans are identical, except for the lenders’ names and date of Agreement. The loans do not bear interest but instead have a “Repayment Fee” being 20% of the loan principal. The Repayment Fee is payable in full at the point the loan principal is repaid. The “Longstop Date” is defined as October 31, 2023 though should the Company enter into a Liquidity Event yielding at least $6.2 million (£5 million) before then, the loans are repayable in full at that earlier date. Upon repayment of the loan(s) the lender(s) can elect to convert 50% of the amount repaid to the equivalent value of ordinary shares in the Company at the Repayment Conversion Strike Price (defined as the Company’s average share price on the 10 business days before and after the Repayment Date). Should the Company default on the loan(s) the lender(s) can elect to convert up to 100% of the amounts outstanding to the equivalent value of ordinary shares in the Company at the Default Conversion Strike Price (defined as 0.7 x the Company’s average share price on the 10 business days before and after the Event of Default). The loan principal and repayment fee for all five loans were paid in full on June 21, 2023. June 30, March 31, Loans payable (*) – 1,667,484 Related Party Loan – 791,662 Balance, end of period – 2,459,146 (*) The amount related to loans payable is the balance after $10.6 million has been reallocated to Assets held for Sale (see Note 4).

Warranty Costs

Warranty Costs	3 Months Ended
	Jun. 30, 2023
Warranty Costs [Abstract]
Warranty costs	15. Warranty costs During the three months ended June 30, 2023, the Company recorded a non-cash warranty recovery of $35,320 comprising of $23,500 credited to warranty provision on the commission of one vessel, offset by a recovery from a supplier of $58,820 debited to accounts payable and accrued liabilities, (March 31,2023 – non-cash warranty recovery of $625,664). The Company provides warranties to customers for the design, materials, and installation of scrubber units. Product warranty is recorded at the time of sale and will be revised based on new information as system performance data becomes available. A summary of the changes in the warranty costs is shown below: June 30, March 31, Balance, beginning of period 580,530 865,451 Warranty expense / (recovery) 23,500 (625,664 ) Warranty (invoiced costs) / recovery (160,730 ) 340,743 Balance, end of period 443,300 580,530

Related Party Transactions

Related Party Transactions	3 Months Ended
	Jun. 30, 2023
Related Party Transactions [Abstract]
Related Party Transactions	16. Related Party Transactions (a) As at June 30, 2023, the Company owed $259,773 to (March 31, 2023 – $213,020) companies controlled by a director and officer of the Company. The amounts owing are unsecured, non-interest bearing, and due on demand. (b) During the three months ended June 30, 2023, the Company incurred $14,996 (2022 – $220,838) in commissions to companies controlled by a director of the Company. (c) During the three months ended June 30, 2023, the Company incurred $2,153,690 (2022 – $54,866) in consulting fees to a director, or companies controlled by a director of the Company. This includes $1,957,340 (2022 - $ nil (d) During the three months ended June 30, 2023, the Company incurred $311,385 (2022 – $250,368) in consulting fees to a director, or companies controlled by a director of a Subsidiary of the Company.

Stock Options

Stock Options	3 Months Ended
	Jun. 30, 2023
Stock Options [Abstract]
Stock Options	17. Stock Options The following table summarizes the continuity of stock options: Number of Weighted Weighted Aggregate Balance, March 31, 2022 537,500 0.56 1.43 170,125 Granted 285,000 0.66 – – Forfeited (337,500 ) 0.18 –– Balance, March 31, 2023 and June 30, 2023, vested and exercisable 485,000 0.89 1.41 84,900 * (*) Value represents weighted average of those options in-the-money as at June 30, 2023. Additional information regarding stock options outstanding as at June 30, 2023 is as follows: Issued and Outstanding Number of shares Weighted average Exercise price 25,000 0.55 1.03 50,000 0.75 1.50 25,000 1.55 0.90 20,000 1.71 1.20 40,000 1.71 1.20 40,000 2.09 1.20 10,000 1.25 0.01 25,000 1.25 2.50 25,000 1.25 3.75 200,000 1.34 0.10 25,000 2.64 0.50 485,000 Unless otherwise noted, the Company estimates the fair value of its stock options using the Black-Scholes option pricing model, assuming no expected dividends.

Segmented Information

Segmented Information	3 Months Ended
	Jun. 30, 2023
Segmented Information [Abstract]
Segmented Information	18. Segmented Information The Company is located and operates in North America and its subsidiaries are primarily located and operating in Europe, Asia and Australia. June 30, 2023 North America Europe Asia Total Property and equipment 4,580 119,614 653,951 778,145 Intangible Assets 6,448,127 – 4,612 6,452,739 Right of use assets – 155,397 103,528 258,925 6,452,707 275,011 762,091 7,489,809 March 31, 2023 North America Europe Asia Total Property and equipment 5,343 134,001 709,865 849,209 Intangible Assets 6,700,921 – 5,563 6,706,484 Right of use assets – 226,860 123,569 350,429 6,706,264 360,861 838,997 7,906,122 North Europe Asia Total Revenues by customer region 16,947 673,711 498,180 1,188,838 COGS by customer region (16,272 ) (613,038 ) (588,452 ) (1,217,762 ) Gross Profit by customer region 675 60,673 (90,272 ) (28,924 ) GP% by customer region 4 % 9 % (18 %) (2 %) For the three months ended June 30, 2023, 35% (2022 – 90%) of the Company’s revenues were derived from the largest customer.

Commitments

Commitments	3 Months Ended
	Jun. 30, 2023
Commitments [Abstract]
Commitments	19. Commitments (a) The Company’s subsidiaries have entered into two long-term operating leases for office premises in London, United Kingdom and Shanghai, China. These lease assets are categorized as right of use assets under ASU No. 2016-02. Long-term Lease Lease Term Discount rate* London, United Kingdom April 1, 2019 December 25, 2023 3.75 4.50 % Shanghai, China March 1, 2020 May 31, 2025 5.25 4.65 % * The Company determined the discount rate with reference to mortgages of similar tenure and terms. Operating lease assets and operating lease liabilities are recognized based on the present value of the future minimum lease payments over the lease term at the commencement date. As the Company’s operating lease does not provide an implicit rate, the discount rate used to determine the present value of the lease payments is the collateralized incremental borrowing rate based on the remaining lease term. The operating lease asset excludes lease incentives. The operating leases do not contain an option to extend or terminate the lease term at the Company’s discretion, therefore no probable renewal has been added to the expiry date when determining lease term. Operating lease expense is recognized on a straight-line basis over the lease term. Lease cost for the three months are summarized as follows: June 30, June 30 Operating lease expense * 123,923 109,737 * Including right of use amortization and imputed interest. Lease payments include maintenance, operating expense, and tax. The Company has entered into premises lease agreements with minimum annual lease payments expected over the next five fiscal years of the lease as follows: $ 2024 37,352 2025 45,577 2026 – 2027 – Thereafter – Total future minimum lease payments 82,929 Imputed interest (4,510 ) Operating lease obligations 78,419 (b) On December 2, 2020, the Company signed a Joint-Venture Agreement with Amr Khashoggi Trading Company Limited (“Amkest Group”) to incorporate a company in the Kingdom of Saudi Arabia for the sale of Pacific Green’s environmental technologies within the region. The Company holds 70% interest in the joint venture. The Company incorporated Pacific Green Technologies Arabia LLC on November 23, 2021. Neither party had funded the joint venture at March 31, 2022 and there had been no revenue and expense associated with it for the year ending March 31, 2022. Since April 1, 2022 the Company has paid in share capital and intercompany loans and accrued interest amounting to $675,083 to fund operational expenses to June 30, 2023.

Income Taxes

Income Taxes	3 Months Ended
	Jun. 30, 2023
Income Taxes [Abstract]
Income Taxes	20. Income Taxes The majority of our revenues from international sales are invoiced from and collected by our U.S. entity and recognized as a component of income before taxes in the United States as opposed to a foreign jurisdiction. The components of income before income taxes by U.S. and foreign jurisdictions were as follows: June 30, June 30, United States (5,539,280 ) (2,113,373 Foreign 8,502,065 (1,010,033 ) Net loss before taxes 2,962,785 (3,123,406 ) The following table reconciles the income tax expense (benefit) at the statutory rates to the income tax (benefit) at the Company’s effective tax rate. June 30, June 30 Net income (loss) before taxes 2,962,785 (3,123,406 ) Statutory tax rate 21 % 21 % Expected income tax expense (recovery) 622,185 (655,915 ) Permanent differences and other 213,650 121,545 Foreign tax rate difference 318,709 (861 ) Change in valuation allowance (1,154,544 ) 535,231 Income tax provision – – Current – – Deferred – – Income tax provision – – At June 30, 2023, the Company is current with statutory corporate income tax filings. Certain of the amounts presented above are based on estimates and what management believes are prudent filing positions. The actual losses available could differ from these estimates upon assessment and review by taxation authorities. U.S. federal and state income tax returns filed by us remain subject to examination for income tax years 2013 and subsequent. Canadian federal and provincial income tax returns filed by us remain subject to examination for income tax years 2018 and subsequent. Income tax returns associated with our operations located in the United Kingdom and China are subject to examination for income tax years 2017 and subsequent. Tax positions are evaluated for recognition using a more-likely than-not recognition threshold, and those tax positions eligible for recognition are measured as the largest amount of tax benefit that is greater than 50% likely of being realized upon the effective settlement with a taxing authority that has full knowledge of all relevant information. The Company estimates that it has accumulated estimated net operating losses of approximately $18.9 million which were incurred mainly in the U.S, and which don’t begin to expire until 2033. In addition, the Company estimates that it has approximately $7.5 million in losses available in the United Kingdom. Historical losses in the U.S., are subject to limitations on use due to deemed changes in control for tax purposes. This impacts the timing and opportunity to use certain losses.

Subsequent Events

Subsequent Events	3 Months Ended
	Jun. 30, 2023
Subsequent Events [Abstract]
Subsequent events	21. Subsequent events (a) On July 3, 2023, the board of directors approved a performance-related bonus for Scott Poulter, Chief Executive Officer, which comprises 2,250,000 shares in the Company which are issuable immediately and $2,567,200 (£2,000,000) in cash, of which $1,797,040 (£1,400,000) is payable immediately and $770,160 (£600,000) payable pro rata with the remaining consideration of the Richborough sale. (b) The Richborough Energy Park project did not achieve the Interim Operation Notification (“ION”) milestone on August 1, 2023 as originally planned, which results in liquidated damages being invoked on a daily basis at a daily rate of £7,500 (approximately $9,525) until the matter is resolved. The project engineering team are focused on resolving the technical delay by performing software simulation studies on the entire generation facility, and fully expect the ION to be issued and enacted by National Grid during August 2023. The sum of the resultant liquidated damages will be set off against future milestone receipts payable by the Buyer (Sosteneo Fund 1 HoldCo Sarl) to the Company.

Accounting Policies, by Policy

Accounting Policies, by Policy (Policies)	3 Months Ended
	Jun. 30, 2023
Significant Accounting Policies [Abstract]
Basis of Presentation	(a) Basis of Presentation These consolidated financial statements and related notes are presented in accordance with accounting principles generally accepted in the United States of America and are expressed in U.S. dollars. The following accounting policies are consistently applied in the preparation of the consolidated financial statements. These consolidated financial statements include the accounts of the Company and the following entities: Pacific Green Innoergy Technologies Ltd. (“Innoergy”) (Formerly Innoergy Ltd.) Wholly-owned subsidiary Pacific Green Marine Technologies Group Inc. (“PGMG”) Wholly-owned subsidiary Pacific Green Marine Technologies Inc. (“PGMT US”) Wholly-owned subsidiary of PGMG Pacific Green Technologies (UK) Ltd. (Formerly Pacific Green Marine Technologies Ltd.) (“PGTU”) Wholly-owned subsidiary of PGMG Pacific Green Technologies (Canada) Inc. (“PGT Can”) (Formerly Pacific Green Marine Technologies Inc.) Wholly-owned subsidiary of PGMG Pacific Green Technologies (Middle East) Holdings Ltd. (“PGTME”) Wholly-owned subsidiary Pacific Green Technologies Arabia LLC (“PGTAL”) 70% owned subsidiary of PGTME Pacific Green Marine Technologies (USA) Inc. (inactive) Dissolved, December 21, 2022 Pacific Green Solar Technologies Inc. (“PGST”) Wholly-owned subsidiary Pacific Green Corporate Development Inc. (“PGCD”) (Formerly Pacific Green Hydrogen Technologies Inc.) Dissolved, December 21, 2022 Pacific Green Wind Technologies Inc (“PGWT”) Dissolved, December 21, 2022 Pacific Green Technologies International Ltd. (“PGTIL”) Wholly-owned subsidiary Pacific Green Technologies Asia Ltd.(“PGTA”) Wholly-owned subsidiary of PGTIL Pacific Green Technologies Engineering Services Limited (Formerly Pacific Green Technologies China Ltd. (“PGTESL”) Wholly-owned subsidiary of PGTA Pacific Green Technologies (Shanghai) Co. Ltd. (“Engin”) (Formerly Shanghai Engin Digital Technology Co. Ltd) Wholly-owned subsidiary Guangdong Northeast Power Engineering Design Co. Ltd. (“GNPE”) Wholly-owned subsidiary of ENGIN Pacific Green Energy Parks Inc. (“PGEP”) Wholly-owned subsidiary Pacific Green Energy Storage Technologies Inc. (“PGEST”) Wholly-owned subsidiary of PGEP Pacific Green Technologies (Australia) Pty Ltd. (“PGTAPL”) Wholly-owned subsidiary of PGEP Pacific Green Energy Storage (UK) Ltd. (“PGESU”) (Formerly Pacific Green Marine Technologies Trading Ltd.) Wholly-owned subsidiary of PGEP Pacific Green Energy Parks (UK) Ltd. (“PGEPU”) Wholly-owned subsidiary of PGEP Pacific Green Battery Energy Parks 2 Ltd. (“PGBEP2”) Wholly-owned subsidiary of PGEPU Sheaf Energy Ltd. (“Sheaf”) Wholly-owned subsidiary of PGBEP2 Pacific Green Portland West Pty Ltd. (“PGPW”) Wholly-owned subsidiary of PGTAPL Pacific Green Portland East Pty Ltd. (“PGPE”) Wholly-owned subsidiary of PGTAPL Pacific Green Energy Park Portland Pty Ltd. (“PGEPP”) Wholly-owned subsidiary of PGTAPL Pacific Green Energy Parks Australia Pty Ltd. (“PGEPA”) Wholly-owned subsidiary of PGTAPL Pacific Green Energy Park Limestone Coast North Pty Ltd. (“PGEPLCN”) Wholly-owned subsidiary of PGTAPL Pacific Green Energy Park Limestone Coast West Pty Ltd. (“PGEPLCW”) Wholly-owned subsidiary of PGTAPL Pacific Green Limestone Coast Pty Ltd. (“PGLC”) Wholly-owned subsidiary of PGTAPL Pacific Green Battery Energy Parks 1 Ltd. (“PGBEP1”) Wholly-owned subsidiary until June 26, 2023. Operations were consolidated until disposal date Richborough Energy Park Ltd. (“Richborough”) Wholly-owned subsidiary until June 26, 2023. Operations were consolidated until disposal date All inter-company balances and transactions have been eliminated upon consolidation.
Recent Accounting Pronouncements	(b) Recent Accounting Pronouncements In June 2016, the FASB issued ASU 2016-13, Financial Instruments – Credit Losses. The ASU sets forth a “current expected credit loss” (CECL) model which requires the Company to measure all expected credit losses for financial instruments held at the reporting date based on historical experience, current conditions, and reasonable supportable forecasts. This replaces the existing incurred loss model and is applicable to the measurement of credit losses on financial assets measured at amortized cost and applies to some off-balance sheet credit exposures. As a smaller reporting company, this ASU is effective for fiscal years beginning after January 1, 2023, including interim periods within those fiscal years. The Company calculated an effect of $28,000 upon adoption of this guidance on April 1, 2023. Given the immaterial nature of the effect, the adoption was booked as an expense in the current period statement of income rather than a cumulative effect through retained earnings. The Company has implemented all new accounting pronouncements that are in effect and that may impact its consolidated financial statements and management does not believe that there are any other new accounting pronouncements that have been issued that might have a material impact on its financial position or results of operations.

Assets Held for Sale (Tables)

Assets Held for Sale (Tables)	3 Months Ended
	Jun. 30, 2023
Assets Held for Sale [Abstract]
Schedule of Assets Held for Sale	As at June 30, 2023 the Company was in an exclusive negotiation with a potential buyer of Sheaf Energy Limited. June 30, March 31, Cash 43,761 113,380 Prepaid expenses, parts inventory, and advances – 4,454 Other receivables 66,835 61,576 Projects under development 10,258,377 46,674,258 Security Deposits & Other Advances 88,370 495,602 Rights of use asset – 2,302,049 Accounts payable and accrued liabilities (111,740 ) (638,156 ) Loans payable (10,630,714 ) (10,312,906 ) Long term loan payable – (17,771,173 ) Long-term operating lease obligation – (2,360,024 ) (Liabilities) /Assets held for Sale Total (285,111 ) 18,569,060

Property and Equipment (Tables)

Property and Equipment (Tables)	3 Months Ended
	Jun. 30, 2023
Property and Equipment [Abstract]
Schedule of Property and Equipment	Cost Accumulated June 30, March 31, Building 900,617 (247,425 ) 653,192 708,979 Furniture and equipment 375,429 (252,729 ) 122,699 137,352 Computer equipment 15,101 (14,342 ) 759 885 Leasehold improvements 9,963 (8,469 ) 1,495 1,993 Total 1,301,110 (522,965 ) 778,145 849,209

Intangible Assets (Tables)

Intangible Assets (Tables)	3 Months Ended
	Jun. 30, 2023
Intangible Assets [Abstract]
Schedule of Intangible Assets	Cost Accumulated Cumulative June 30, Net carrying value $ March 31, Patents and technical information 36,340,057 (9,434,674 ) (20,457,256 ) 6,448,127 6,700,921 Software licensing 11,216 (6,604 ) – 4,612 5,563 Total 36,351,273 (9,441,278 ) (20,457,256 ) 6,452,739 6,706,484
Schedule of Future Amortization of Intangible Assets	Future amortization of intangible assets is as follows based on fiscal year: $ 2024 694,953 2025 948,697 2026 946,220 2027 946,018 2028 946,018 Thereafter 1,970,833 Total 6,452,739

Disposal of Subsidiaries (REP_2

Disposal of Subsidiaries (REP & PGBEP1) (Tables)	3 Months Ended
	Jun. 30, 2023
Disposal of Subsidiaries [Abstract]
Schedule of Gain on Sale	The gain on sale of PGBEP 1 shares is calculated as follows: GBP FX USD Consideration received (A) 11,258,370 1.2519 14,094,907 Net assets: Cash 116,057 Projects under development 43,642,826 Other assets 3,992,999 Long term AP and accruals (24,830,942 ) Other liabilities & Non-controlling interest (23,406,419 ) Total (B) (485,479 ) Initial Investment in PGBEP (C) 2,461,289 Gain (A)-(B)-(C) 12,119,097

Noncontrolling Interest (Tables

Noncontrolling Interest (Tables)	3 Months Ended
	Jun. 30, 2023
Noncontrolling Interest [Abstract]
Schedule of Noncontrolling Interests	Details of the carrying amount of the noncontrolling interests are as follows: June 30, 2023 $ March 31, 2023 $ Non-redeemable noncontrolling interest – 16,140,339 Net income attributable to noncontrolling interest (BESS) – (354,987 ) Net income attributable to noncontrolling interest (JV) (148,713 ) (121,677 ) Non-controlling interest (148,713 ) 15,663,675

Sales, Prepaid Manufacturing _2

Sales, Prepaid Manufacturing Costs, Cost of Goods Sold, and Contract Liabilities (Tables)	3 Months Ended
	Jun. 30, 2023
Sales, Prepaid Manufacturing Costs, Cost of Goods Sold, and Contract Liabilities [Abstract]
Schedule of Revenue from the Sale of Products and Delivery of Services	The Company derives revenue from the sale of products and delivery of services. Revenue disaggregated by type for the three months ended June 30, 2023, and 2022 is as follows: Three Months Three Months Products – 1,655,158 Services 1,188,838 368,718 Total 1,188,838 2,023,876
Schedule of Service Revenue	Service revenue by type for the three months ended June 30, 2023, and 2022 is as follows: Three Months Three Months Specific services provided to marine scrubber systems 1,047,754 288,904 Design and engineering services for Concentrated Solar Power 141,084 79,814 Total 1,188,838 368,718
Schedule of Contract Assets and Liabilities	Changes in the Company’s contract assets and liabilities for the periods are noted as below: Accrued Prepaid Sales Contract Balance, March 31, 2022 531,947 38,010 (8,143,109 ) Customer receipts and receivables – – – (5,325,921 ) Scrubber sales recognized in revenue 4,717,905 4,717,905 Payments and accruals under contracts (27,181 ) 4,202,264 – – Cost of goods sold recognized in earnings – (3,776,459 ) (3,776,459 ) – Balance, March 31, 2023 504,766 463,815 (8,751,125 ) Customer receipts and receivables – – – (1,184,764 ) Payments and accruals under contracts 10,528 293,324 – – Cost of goods sold recognized in earnings – (191,855 ) (191,855 ) – Balance, June 30, 2023 515,294 565,284 (9,935,889 )
Schedule of Cost of Goods Sold	Cost of goods sold for the period ended June 30, 2023 and 2022 is comprised as follows: Three Months Three Months Scrubber (accrual reduction) /costs recognized (90,267 ) 623,166 Salaries and wages 121,049 62,379 Amortization of intangibles 252,794 219,366 Commission type costs 25,853 82,296 Design and engineering services for CSP 58,764 98,968 Specific services provided to marine scrubber systems 849,570 142,368 Total 1,217,763 1,228,543

Accounts Payable and Accrued _2

Accounts Payable and Accrued Liabilities (Tables)	3 Months Ended
	Jun. 30, 2023
Accounts payable and accrued liabilities [Abstract]
Schedule of Accounts Payable and Accrued Liabilities	Accounts payable and accrued liabilities June 30, March 31, Accounts payable 2,791,167 692,526 Accrued liabilities 1,677,205 2,349,083 Other liabilities 125,596 127,973 Payroll liabilities 228,121 219,151 Total short-term accounts payable and accrued liabilities 4,822,089 3,388,733 Balance, end of period 4,822,089 3,388,733

Loans Payable (Tables)

Loans Payable (Tables)	3 Months Ended
	Jun. 30, 2023
Loans Payable [Abstract]
Schedule of Loans Payable	June 30, March 31, Loans payable (*) – 1,667,484 Related Party Loan – 791,662 Balance, end of period – 2,459,146 (*) The amount related to loans payable is the balance after $10.6 million has been reallocated to Assets held for Sale (see Note 4).

Warranty Costs (Tables)

Warranty Costs (Tables)	3 Months Ended
	Jun. 30, 2023
Warranty Costs [Abstract]
Schedule of Changes in the Warranty Costs	A summary of the changes in the warranty costs is shown below: June 30, March 31, Balance, beginning of period 580,530 865,451 Warranty expense / (recovery) 23,500 (625,664 ) Warranty (invoiced costs) / recovery (160,730 ) 340,743 Balance, end of period 443,300 580,530

Stock Options (Tables)

Stock Options (Tables)	3 Months Ended
	Jun. 30, 2023
Stock Options [Abstract]
Schedule of Continuity of Stock Options	The following table summarizes the continuity of stock options: Number of Weighted Weighted Aggregate Balance, March 31, 2022 537,500 0.56 1.43 170,125 Granted 285,000 0.66 – – Forfeited (337,500 ) 0.18 –– Balance, March 31, 2023 and June 30, 2023, vested and exercisable 485,000 0.89 1.41 84,900 * (*) Value represents weighted average of those options in-the-money as at June 30, 2023.
Schedule of Additional Information Regarding Stock Options Outstanding	Additional information regarding stock options outstanding as at June 30, 2023 is as follows: Issued and Outstanding Number of shares Weighted average Exercise price 25,000 0.55 1.03 50,000 0.75 1.50 25,000 1.55 0.90 20,000 1.71 1.20 40,000 1.71 1.20 40,000 2.09 1.20 10,000 1.25 0.01 25,000 1.25 2.50 25,000 1.25 3.75 200,000 1.34 0.10 25,000 2.64 0.50 485,000

Segmented Information (Tables)

Segmented Information (Tables)	3 Months Ended
	Jun. 30, 2023
Segmented Information [Abstract]
Schedule of Located and Operates	The Company is located and operates in North America and its subsidiaries are primarily located and operating in Europe, Asia and Australia. June 30, 2023 North America Europe Asia Total Property and equipment 4,580 119,614 653,951 778,145 Intangible Assets 6,448,127 – 4,612 6,452,739 Right of use assets – 155,397 103,528 258,925 6,452,707 275,011 762,091 7,489,809 March 31, 2023 North America Europe Asia Total Property and equipment 5,343 134,001 709,865 849,209 Intangible Assets 6,700,921 – 5,563 6,706,484 Right of use assets – 226,860 123,569 350,429 6,706,264 360,861 838,997 7,906,122
Schedule of Revenues by Customer Region	North Europe Asia Total Revenues by customer region 16,947 673,711 498,180 1,188,838 COGS by customer region (16,272 ) (613,038 ) (588,452 ) (1,217,762 ) Gross Profit by customer region 675 60,673 (90,272 ) (28,924 ) GP% by customer region 4 % 9 % (18 %) (2 %)

Commitments (Tables)

Commitments (Tables)	3 Months Ended
	Jun. 30, 2023
Commitments [Abstract]
Schedule of Lease Assets are Categorized as Right of Use Assets	The Company’s subsidiaries have entered into two long-term operating leases for office premises in London, United Kingdom and Shanghai, China. These lease assets are categorized as right of use assets under ASU No. 2016-02. Long-term Lease Lease Term Discount rate* London, United Kingdom April 1, 2019 December 25, 2023 3.75 4.50 % Shanghai, China March 1, 2020 May 31, 2025 5.25 4.65 % * The Company determined the discount rate with reference to mortgages of similar tenure and terms.
Schedule of Lease Cost	Lease cost for the three months are summarized as follows: June 30, June 30 Operating lease expense * 123,923 109,737 * Including right of use amortization and imputed interest. Lease payments include maintenance, operating expense, and tax.
Schedule of Premises Lease Agreements With Minimum Annual Lease Payments	The Company has entered into premises lease agreements with minimum annual lease payments expected over the next five fiscal years of the lease as follows: $ 2024 37,352 2025 45,577 2026 – 2027 – Thereafter – Total future minimum lease payments 82,929 Imputed interest (4,510 ) Operating lease obligations 78,419

Income Taxes (Tables)

Income Taxes (Tables)	3 Months Ended
	Jun. 30, 2023
Income Taxes [Abstract]
Schedule of Components of Income Before Income Taxes	The majority of our revenues from international sales are invoiced from and collected by our U.S. entity and recognized as a component of income before taxes in the United States as opposed to a foreign jurisdiction. The components of income before income taxes by U.S. and foreign jurisdictions were as follows: June 30, June 30, United States (5,539,280 ) (2,113,373 Foreign 8,502,065 (1,010,033 ) Net loss before taxes 2,962,785 (3,123,406 )
Schedule of Income Tax Benefit at the Statutory Rates	The following table reconciles the income tax expense (benefit) at the statutory rates to the income tax (benefit) at the Company’s effective tax rate. June 30, June 30 Net income (loss) before taxes 2,962,785 (3,123,406 ) Statutory tax rate 21 % 21 % Expected income tax expense (recovery) 622,185 (655,915 ) Permanent differences and other 213,650 121,545 Foreign tax rate difference 318,709 (861 ) Change in valuation allowance (1,154,544 ) 535,231 Income tax provision – – Current – – Deferred – – Income tax provision – –

Significant Accounting Polici_2

Significant Accounting Policies (Details) - USD ($)	3 Months Ended
	Jun. 30, 2023	Apr. 01, 2023
Significant Accounting Policies (Details) [Line Items]
Effect of adoption amount		$ 28,000
Pacific Green Technologies Arabia LLC (“PGTAL”) [Member]
Significant Accounting Policies (Details) [Line Items]
Owned subsidiary percentage	70%

Short-Term Investments and Am_2

Short-Term Investments and Amounts in Escrow (Details) - USD ($)	Jun. 30, 2023	Mar. 31, 2023
Short-Term Investments and Amounts in Escrow (Details) [Line Items]
GIC held as security		$ 56,483
Solicitor is holding
Guaranteed Investment Certificate [Member]
Short-Term Investments and Amounts in Escrow (Details) [Line Items]
GIC bears interest	0.50%
GIC maturities	Dec. 13, 2023

Assets Held for Sale (Details)

Assets Held for Sale (Details)	3 Months Ended
	Jun. 30, 2023 USD ($)
Assets Held for Sale (Details) [Line Items]
Reallocated assets and liabilities	$ 285,111
Projects under development	522,293
Capitalization amount	53,648
Australia [Member]
Assets Held for Sale (Details) [Line Items]
Capitalization amount	$ 468,645

Assets Held for Sale (Details)

Assets Held for Sale (Details) - Schedule of Assets Held for Sale - USD ($)	Jun. 30, 2023	Mar. 31, 2022
Schedule of assets held for sale [Abstract]
Cash	$ 43,761	$ 113,380
Prepaid expenses, parts inventory, and advances		4,454
Other receivables	66,835	61,576
Projects under development	10,258,377	46,674,258
Security Deposits & Other Advances	88,370	495,602
Rights of use asset		2,302,049
Accounts payable and accrued liabilities	(111,740)	(638,156)
Loans payable	(10,630,714)	(10,312,906)
Long term loan payable		(17,771,173)
Long-term operating lease obligation		(2,360,024)
(Liabilities) /Assets held for Sale	$ (285,111)	$ 18,569,060

Property and Equipment (Details

Property and Equipment (Details) - USD ($)	3 Months Ended
	Jun. 30, 2023	Mar. 31, 2022
Property and Equipment [Abstract]
Depreciation expense on property and equipment	$ 37,120	$ 53,584

Property and Equipment (Detai_2

Property and Equipment (Details) - Schedule of Property and Equipment - Property and Equipment [Member] - USD ($)	Jun. 30, 2023	Mar. 31, 2023
Schedule of property and equipment [Abstract]
Cost	$ 1,301,110
Accumulated depreciation	(522,965)
Net carrying value	778,145	$ 849,209
Building [Member]
Schedule of property and equipment [Abstract]
Cost	900,617
Accumulated depreciation	(247,425)
Net carrying value	653,192	708,979
Furniture and equipment [Member]
Schedule of property and equipment [Abstract]
Cost	375,429
Accumulated depreciation	(252,729)
Net carrying value	122,699	137,352
Computer equipment [Member]
Schedule of property and equipment [Abstract]
Cost	15,101
Accumulated depreciation	(14,342)
Net carrying value	759	885
Leasehold improvements [Member]
Schedule of property and equipment [Abstract]
Cost	9,963
Accumulated depreciation	(8,469)
Net carrying value	$ 1,495	$ 1,993

Intangible Assets (Details)

Intangible Assets (Details) - USD ($)	3 Months Ended
	Jun. 30, 2023	Mar. 31, 2023
Intangible Assets [Abstract]
Amortization cost on intangible assets	$ 253,473	$ 220,055
Amortization of cost of goods sold	252,794	219,367
Amortization expense	$ 679	$ 688

Intangible Assets (Details) - S

Intangible Assets (Details) - Schedule of Intangible Assets - USD ($)	Jun. 30, 2023	Mar. 31, 2023
Finite-Lived Intangible Assets [Line Items]
Cost	$ 36,351,273
Accumulated amortization	(9,441,278)
Cumulative impairment	(20,457,256)
Net carrying value	6,452,739	$ 6,706,484
Patents and technical information [Member]
Finite-Lived Intangible Assets [Line Items]
Cost	36,340,057
Accumulated amortization	(9,434,674)
Cumulative impairment	(20,457,256)
Net carrying value	6,448,127	6,700,921
Software licensing [Member]
Finite-Lived Intangible Assets [Line Items]
Cost	11,216
Accumulated amortization	(6,604)
Cumulative impairment
Net carrying value	$ 4,612	$ 5,563

Intangible Assets (Details) -_2

Intangible Assets (Details) - Schedule of Future Amortization of Intangible Assets	Jun. 30, 2023 USD ($)
Schedule of future amortization of intangible assets [Abstract]
2024	$ 694,953
2025	948,697
2026	946,220
2027	946,018
2028	946,018
Thereafter	1,970,833
Total	$ 6,452,739

Acquisition of Sheaf Energy L_2

Acquisition of Sheaf Energy Ltd (Details)			1 Months Ended		3 Months Ended
	Dec. 15, 2022 USD ($)	Dec. 15, 2022 EUR (€)	Jul. 26, 2021 USD ($)	Jul. 26, 2021 EUR (€)	Jun. 30, 2023 USD ($)	Jun. 30, 2023 EUR (€)	Jun. 30, 2023 EUR (€)
Acquisition of Sheaf Energy Ltd [Abstract]
Cash payments	$ 8,710,145	€ 7,126,500	$ 415,855	€ 373,500
Purchase consideration					$ 9,126,000		€ 7,500,000
Working capital					0
Project under development					$ 9,126,000	€ 7,500,000

Disposal of Subsidiaries (REP_3

Disposal of Subsidiaries (REP & PGBEP1) (Details)		3 Months Ended
	Jun. 09, 2023	Jun. 30, 2023 USD ($)	Jun. 30, 2023 EUR (€)
Disposal of Subsidiaries (REP & PGBEP1) (Details) [Line Items]
Controlling interest percentage	50%
Noncontrolling interest percentage	50%
Purchase price		$ 37,400,000	€ 29,900,000
Net gain on disposal		12,000,000
Legal fees		400,000	300,000
Broker fees		500,000	400,000
Maximum [Member]
Disposal of Subsidiaries (REP & PGBEP1) (Details) [Line Items]
Damage amount		9,600,000	7,700,000
SPA [Member]
Disposal of Subsidiaries (REP & PGBEP1) (Details) [Line Items]
Contingent assets		18,900,000	15,100,000
BESS [Member]
Disposal of Subsidiaries (REP & PGBEP1) (Details) [Line Items]
Purchase price		18,900,000	15,100,000
REP 1 [Member] | Minimum [Member]
Disposal of Subsidiaries (REP & PGBEP1) (Details) [Line Items]
Damage amount		15,650	12,500
REP 2 [Member] | Minimum [Member]
Disposal of Subsidiaries (REP & PGBEP1) (Details) [Line Items]
Damage amount		$ 9,390	€ 7,500

Disposal of Subsidiaries (REP_4

Disposal of Subsidiaries (REP & PGBEP1) (Details) - Schedule of Gain on Sale - 3 months ended Jun. 30, 2023	USD ($)	GBP (£)
Schedule of Gain on Sale [Abstract]
Consideration received GBP (in Pounds) | £		£ 11,258,370
Consideration received FX	1.2519
Consideration received USD	$ 14,094,907
Cash	116,057
Projects under development	43,642,826
Other assets	3,992,999
Long term AP and accruals	(24,830,942)
Other liabilities & Non-controlling interest	(23,406,419)
Total (B)	(485,479)
Initial Investment in PGBEP (C)	2,461,289
Gain (A)-(B)-(C)	$ 12,119,097

Noncontrolling Interest (Detail

Noncontrolling Interest (Details) - USD ($)	Dec. 02, 2020	Jun. 30, 2023
Noncontrolling Interest (Details) [Line Items]
Interest in joint venture	70%
Noncontrolling interest		$ 325,454
BESS [Member]
Noncontrolling Interest (Details) [Line Items]
Noncontrolling interest		298,418
JV [Member]
Noncontrolling Interest (Details) [Line Items]
Noncontrolling interest		$ 27,036

Noncontrolling Interest (Deta_2

Noncontrolling Interest (Details) - Schedule of Noncontrolling Interests - USD ($)	3 Months Ended	12 Months Ended
	Jun. 30, 2023	Mar. 31, 2022
Schedule of Noncontrolling Interests [Abstract]
Non-redeemable noncontrolling interest		$ 16,140,339
Net income attributable to noncontrolling interest (BESS)		(354,987)
Net income attributable to noncontrolling interest (JV)	(148,713)	(121,677)
Non-controlling interest	$ (148,713)	$ 15,663,675

Sales, Prepaid Manufacturing _3

Sales, Prepaid Manufacturing Costs, Cost of Goods Sold, and Contract Liabilities (Details) - USD ($)	Jun. 30, 2023	Mar. 31, 2023
Sales, Prepaid Manufacturing Costs, Cost of Goods Sold, and Contract Liabilities [Abstract]
Contract liability	$ 8,038,674	$ 8,038,674

Sales, Prepaid Manufacturing _4

Sales, Prepaid Manufacturing Costs, Cost of Goods Sold, and Contract Liabilities (Details) - Schedule of Revenue from the Sale of Products and Delivery of Services - USD ($)	3 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Disaggregation of Revenue [Line Items]
Total	$ 1,188,838	$ 2,023,876
Products [Member]
Disaggregation of Revenue [Line Items]
Total		1,655,158
Services [Member]
Disaggregation of Revenue [Line Items]
Total	$ 1,188,838	$ 368,718

Sales, Prepaid Manufacturing _5

Sales, Prepaid Manufacturing Costs, Cost of Goods Sold, and Contract Liabilities (Details) - Schedule of Service Revenue - USD ($)	3 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Sales, Prepaid Manufacturing Costs, Cost of Goods Sold, and Contract Liabilities (Details) - Schedule of Service Revenue [Line Items]
Total	$ 1,188,838	$ 368,718
Specific Services Provided to Marine Scrubber Systems [Member]
Sales, Prepaid Manufacturing Costs, Cost of Goods Sold, and Contract Liabilities (Details) - Schedule of Service Revenue [Line Items]
Total	1,047,754	288,904
Design and Engineering Services for Concentrated Solar Power [Member]
Sales, Prepaid Manufacturing Costs, Cost of Goods Sold, and Contract Liabilities (Details) - Schedule of Service Revenue [Line Items]
Total	$ 141,084	$ 79,814

Sales, Prepaid Manufacturing _6

Sales, Prepaid Manufacturing Costs, Cost of Goods Sold, and Contract Liabilities (Details) - Schedule of Contract Assets and Liabilities - USD ($)	3 Months Ended	12 Months Ended
	Jun. 30, 2023	Mar. 31, 2023
Accrued Revenue [Member]
Sales, Prepaid Manufacturing Costs, Cost of Goods Sold, and Contract Liabilities (Details) - Schedule of Contract Assets and Liabilities [Line Items]
Beginning balance	$ 504,766	$ 531,947
Customer receipts and receivables
Scrubber sales recognized in revenue
Payments and accruals under contracts	10,528	(27,181)
Cost of goods sold recognized in earnings
Ending balance	515,294	504,766
Prepaid Manufacturing Costs [Member]
Sales, Prepaid Manufacturing Costs, Cost of Goods Sold, and Contract Liabilities (Details) - Schedule of Contract Assets and Liabilities [Line Items]
Beginning balance	463,815	38,010
Customer receipts and receivables
Payments and accruals under contracts	293,324	4,202,264
Cost of goods sold recognized in earnings	(191,855)	(3,776,459)
Ending balance	565,284	463,815
Contract Liabilities [Member]
Sales, Prepaid Manufacturing Costs, Cost of Goods Sold, and Contract Liabilities (Details) - Schedule of Contract Assets and Liabilities [Line Items]
Beginning balance	(8,751,125)	(8,143,109)
Customer receipts and receivables	(1,184,764)	(5,325,921)
Scrubber sales recognized in revenue		4,717,905
Payments and accruals under contracts
Cost of goods sold recognized in earnings
Ending balance	(9,935,889)	(8,751,125)
Sales (Cost of Goods Sold) [Member]
Sales, Prepaid Manufacturing Costs, Cost of Goods Sold, and Contract Liabilities (Details) - Schedule of Contract Assets and Liabilities [Line Items]
Customer receipts and receivables
Scrubber sales recognized in revenue		4,717,905
Payments and accruals under contracts
Cost of goods sold recognized in earnings	$ (191,855)	$ (3,776,459)

Sales, Prepaid Manufacturing _7

Sales, Prepaid Manufacturing Costs, Cost of Goods Sold, and Contract Liabilities (Details) - Schedule of Cost of Goods Sold - USD ($)	3 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Schedule Of Cost Of Goods Sold Abstract
Scrubber (accrual reduction) /costs recognized	$ (90,267)	$ 623,166
Salaries and wages	121,049	62,379
Amortization of intangibles	252,794	219,366
Commission type costs	25,853	82,296
Design and engineering services for CSP	58,764	98,968
Specific services provided to marine scrubber systems	849,570	142,368
Total	$ 1,217,763	$ 1,228,543

Accounts Payable and Accrued _3

Accounts Payable and Accrued Liabilities (Details) - Schedule of Accounts Payable and Accrued Liabilities - USD ($)	Jun. 30, 2023	Mar. 31, 2023
Schedule of Accounts Payable and Accrued Liabilities [Abstract]
Accounts payable	$ 2,791,167	$ 692,526
Accrued liabilities	1,677,205	2,349,083
Other liabilities	125,596	127,973
Payroll liabilities	228,121	219,151
Total short-term accounts payable and accrued liabilities	4,822,089	3,388,733
Balance, end of period	$ 4,822,089	$ 3,388,733

Loans Payable (Details)

Loans Payable (Details)						1 Months Ended	3 Months Ended	12 Months Ended
	Feb. 07, 2023	Dec. 15, 2022 USD ($)	Nov. 08, 2022 USD ($)	Nov. 07, 2022 USD ($)	Nov. 05, 2022 USD ($)	Jun. 16, 2022 USD ($)	Jun. 30, 2023 USD ($)	Mar. 31, 2023 USD ($)	Mar. 31, 2023 EUR (€)	Jun. 30, 2023 EUR (€)	Mar. 28, 2023 USD ($)	Mar. 28, 2023 EUR (€)	Mar. 09, 2023 USD ($)	Mar. 09, 2023 EUR (€)	Dec. 15, 2022 EUR (€)	Nov. 08, 2022 EUR (€)	Nov. 07, 2022 EUR (€)	Nov. 05, 2022 EUR (€)	Jun. 16, 2022 EUR (€)	Mar. 31, 2022 USD ($)
Loans Payable (Details) [Line Items]
Agreement with Close Leasing						$ 34,900,000													€ 28,250,000
Development facility percentage						4.50%
Bear interest rate						4.50%													4.50%
Bank base rate						20%
Fixed rate						7.173%													7.173%
Credit facility						$ 1,470,000													€ 1,190,000
Repayment fee percentage	20%						20%
Repayment fee								$ 22,338	€ 18,060
Loans payable							$ 10,630,714													$ 10,312,906
Loans repayable amount							6,200,000			€ 5,000,000
Loans payable (in Dollars)							$ 10,600,000
Minimum [Member]
Loans Payable (Details) [Line Items]
Term loan						5 years
Percentage of covert outstanding							50%			50%
Maximum [Member]
Loans Payable (Details) [Line Items]
Term loan						10 years
Percentage of covert outstanding							100%			100%
Alexander Group & Co. Pty Ltd [Member]
Loans Payable (Details) [Line Items]
Loan agreement amount					$ 123,690													€ 100,000
Bearing interest rate					20%
Repayment fee percentage					20%
Repayment fee								12,162	9,833
Cherryoak Investments Pty Ltd [Member]
Loans Payable (Details) [Line Items]
Bear interest rate					20%													20%
Loan agreement amount					$ 123,690													€ 100,000
Accrued interest percentage					2%													2%
D&L Milne Pty Ltd [Member]
Loans Payable (Details) [Line Items]
Bear interest rate					20%													20%
Loan agreement amount					$ 123,690													€ 100,000
Repayment fee percentage					20%
Repayment fee								12,162	9,833
Gerstle Consulting Pty Ltd[Member]
Loans Payable (Details) [Line Items]
Bear interest rate					20%													20%
Loan agreement amount					$ 123,690													€ 100,000
Repayment fee percentage					20%
Repayment fee								12,162	9,833
Wahnarn 2 Pty Ltd [Member]
Loans Payable (Details) [Line Items]
Bear interest rate				20%													20%
Loan agreement amount				$ 123,690													€ 100,000
Repayment fee percentage				20%
Repayment fee								$ 12,077	€ 9,764
Distributed Generation LLC [Member]
Loans Payable (Details) [Line Items]
Bear interest rate			20%													20%
Loan agreement amount			$ 226,000													€ 182,714
Repayment fee percentage			20%
Sheaf Storage Limited [Member]
Loans Payable (Details) [Line Items]
Loan agreement amount		$ 9,261,789													€ 7,500,000
Repayment fee percentage		20%
Accrued interest percentage		22%													22%
Net equity proceeds percentage		8%
Loan Agreements One [ Member]
Loans Payable (Details) [Line Items]
Loans payable													$ 803,985	€ 650,000
Loan Agreements Two [ Member]
Loans Payable (Details) [Line Items]
Loans payable													309,225	250,000
Loan Agreements Three [ Member]
Loans Payable (Details) [Line Items]
Loans payable													247,380	200,000
Loan Agreements Four [ Member]
Loans Payable (Details) [Line Items]
Loans payable													$ 154,612	€ 125,000
Loan Agreements Five [ Member]
Loans Payable (Details) [Line Items]
Loans payable											$ 123,690	€ 100,000

Loans Payable (Details) - Sched

Loans Payable (Details) - Schedule of Loans Payable - USD ($)		Jun. 30, 2023	Mar. 31, 2023
Schedule of Loans Payable Abstract
Loans payable	[1]		$ 1,667,484
Related Party Loan			791,662
Balance, end of period			$ 2,459,146
[1] The amount related to loans payable is the balance after $10.6 million has been reallocated to Assets held for Sale (see Note 4).

Warranty Costs (Details)

Warranty Costs (Details) - USD ($) $ in Thousands		3 Months Ended
	Mar. 31, 2023	Jun. 30, 2023
Warranty Costs [Abstract]
Warranty recovery		$ 35,320
Warranty provision		23,500
Supplier debited to accounts		$ 58,820
Non-cash warranty recovery	$ 625,664

Warranty Costs (Details) - Sche

Warranty Costs (Details) - Schedule of Changes in the Warranty Costs - USD ($) $ in Thousands	3 Months Ended
	Jun. 30, 2023	Mar. 31, 2023
Schedule Of Changes In The Warranty Costs Abstract
Balance, beginning of period	$ 580,530	$ 865,451
Warranty expense / (recovery)	23,500	(625,664)
Warranty (invoiced costs) / recovery	(160,730)	340,743
Balance, end of period	$ 443,300	$ 580,530

Related Party Transactions (Det

Related Party Transactions (Details) - USD ($)	3 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Mar. 31, 2023
Related Party Transactions [Abstract]
Company owed amount	$ 259,773		$ 213,020
Commissions to companies	14,996	$ 220,838
Bonus director	2,153,690	54,866
Bonus paid	1,957,340
Consulting fees	$ 311,385	$ 250,368

Stock Options (Details) - Sched

Stock Options (Details) - Schedule of Continuity of Stock Options	3 Months Ended
	Jun. 30, 2023 USD ($) $ / shares shares
Schedule of Continuity of Stock Options [Abstract]
Number of options, Beginning balance | shares	537,500
Weighted average exercise price, Beginning balance | $ / shares	$ 0.56
Weighted average remaining contractual life (years), Beginning Balance	1 year 5 months 4 days
Aggregate intrinsic value, Beginning balance | $	$ 170,125
Number of options Granted | shares	285,000
Weighted average exercise price Granted | $ / shares	$ 0.66
Weighted average remaining contractual life (years), Granted
Aggregate intrinsic value, Granted | $
Number of options, Forfeited | shares	(337,500)
Weighted average exercise price, Forfeited | $ / shares	$ 0.18
Weighted average remaining contractual life (years), Forfeited
Aggregate intrinsic value, Forfeited | $
Number of options Balance, March 31, 2023, vested and Exercisable | shares	485,000
Weighted average exercise price Balance, March 31, 2023, vested and Exercisable | $ / shares	$ 0.89
Weighted average remaining contractual life (years) Balance, March 31, 2023, vested and Exercisable	1 year 4 months 28 days
Aggregate intrinsic value Balance, March 31, 2023, vested and Exercisable | $	$ 84,900	[1]
[1] Value represents weighted average of those options in-the-money as at June 30, 2023.

Stock Options (Details) - Sch_2

Stock Options (Details) - Schedule of Additional Information Regarding Stock Options Outstanding	3 Months Ended
	Jun. 30, 2023 $ / shares shares
Share-Based Payment Arrangement, Option, Exercise Price Range [Line Items]
Issued and Outstanding, Number of shares	485,000
Exercise price 0.00 [Member]
Share-Based Payment Arrangement, Option, Exercise Price Range [Line Items]
Issued and Outstanding, Number of shares	25,000
Issued and Outstanding, remaining contractual life (years)	6 months 18 days
Issued and Outstanding, Exercise price (in Dollars per share) | $ / shares	$ 1.03
Exercise price 0.07 [Member]
Share-Based Payment Arrangement, Option, Exercise Price Range [Line Items]
Issued and Outstanding, Number of shares	50,000
Issued and Outstanding, remaining contractual life (years)	9 months
Issued and Outstanding, Exercise price (in Dollars per share) | $ / shares	$ 1.5
Exercise price 0.03 [Member]
Share-Based Payment Arrangement, Option, Exercise Price Range [Line Items]
Issued and Outstanding, Number of shares	25,000
Issued and Outstanding, remaining contractual life (years)	1 year 6 months 18 days
Issued and Outstanding, Exercise price (in Dollars per share) | $ / shares	$ 0.9
Exercise price 0.09 [Member]
Share-Based Payment Arrangement, Option, Exercise Price Range [Line Items]
Issued and Outstanding, Number of shares	20,000
Issued and Outstanding, remaining contractual life (years)	1 year 8 months 15 days
Issued and Outstanding, Exercise price (in Dollars per share) | $ / shares	$ 1.2
Exercise price 0.03 [Member]
Share-Based Payment Arrangement, Option, Exercise Price Range [Line Items]
Issued and Outstanding, Number of shares	40,000
Issued and Outstanding, remaining contractual life (years)	1 year 8 months 15 days
Issued and Outstanding, Exercise price (in Dollars per share) | $ / shares	$ 1.2
Exercise price 0.03 [Member]
Share-Based Payment Arrangement, Option, Exercise Price Range [Line Items]
Issued and Outstanding, Number of shares	40,000
Issued and Outstanding, remaining contractual life (years)	2 years 1 month 2 days
Issued and Outstanding, Exercise price (in Dollars per share) | $ / shares	$ 1.2
Exercise price 0.06 [Member]
Share-Based Payment Arrangement, Option, Exercise Price Range [Line Items]
Issued and Outstanding, Number of shares	10,000
Issued and Outstanding, remaining contractual life (years)	1 year 3 months
Issued and Outstanding, Exercise price (in Dollars per share) | $ / shares	$ 0.01
Exercise price 0.06 [Member]
Share-Based Payment Arrangement, Option, Exercise Price Range [Line Items]
Issued and Outstanding, Number of shares	25,000
Issued and Outstanding, remaining contractual life (years)	1 year 3 months
Issued and Outstanding, Exercise price (in Dollars per share) | $ / shares	$ 2.5
Exercise price 0.00 [Member]
Share-Based Payment Arrangement, Option, Exercise Price Range [Line Items]
Issued and Outstanding, Number of shares	25,000
Issued and Outstanding, remaining contractual life (years)	1 year 3 months
Issued and Outstanding, Exercise price (in Dollars per share) | $ / shares	$ 3.75
Exercise price 0.08 [Member]
Share-Based Payment Arrangement, Option, Exercise Price Range [Line Items]
Issued and Outstanding, Number of shares	200,000
Issued and Outstanding, remaining contractual life (years)	1 year 4 months 2 days
Issued and Outstanding, Exercise price (in Dollars per share) | $ / shares	$ 0.1
Exercise price 0.12 [Member]
Share-Based Payment Arrangement, Option, Exercise Price Range [Line Items]
Issued and Outstanding, Number of shares	25,000
Issued and Outstanding, remaining contractual life (years)	2 years 7 months 20 days
Issued and Outstanding, Exercise price (in Dollars per share) | $ / shares	$ 0.5

Segmented Information (Details)

Segmented Information (Details)	Jun. 30, 2023	Jun. 30, 2022
Segmented Information [Abstract]
Revenue percentage	35%	90%

Segmented Information (Detail_2

Segmented Information (Details) - Schedule of Located and Operates - USD ($)	Jun. 30, 2023	Mar. 31, 2023
Segment Reporting Information [Line Items]
Property and equipment	$ 778,145	$ 849,209
Intangible Assets	6,452,739	6,706,484
Right of use assets	258,925	350,429
Total non-current assets	7,489,809	7,906,122
North America [Member]
Segment Reporting Information [Line Items]
Property and equipment	4,580	5,343
Intangible Assets	6,448,127	6,700,921
Right of use assets
Total non-current assets	6,452,707	6,706,264
Europe [Member]
Segment Reporting Information [Line Items]
Property and equipment	119,614	134,001
Intangible Assets
Right of use assets	155,397	226,860
Total non-current assets	275,011	360,861
Asia [Member]
Segment Reporting Information [Line Items]
Property and equipment	653,951	709,865
Intangible Assets	4,612	5,563
Right of use assets	103,528	123,569
Total non-current assets	$ 762,091	$ 838,997

Segmented Information (Detail_3

Segmented Information (Details) - Schedule of Revenues by Customer Region	3 Months Ended
	Jun. 30, 2023 USD ($)
North America [Member]
Segmented Information (Details) - Schedule of Revenues by Customer Region [Line Items]
Revenues by customer region	$ 16,947
COGS by customer region	(16,272)
Gross Profit by customer region	$ 675
GP% by customer region	4%
Europe [Member]
Segmented Information (Details) - Schedule of Revenues by Customer Region [Line Items]
Revenues by customer region	$ 673,711
COGS by customer region	(613,038)
Gross Profit by customer region	$ 60,673
GP% by customer region	9%
Asia [Member]
Segmented Information (Details) - Schedule of Revenues by Customer Region [Line Items]
Revenues by customer region	$ 498,180
COGS by customer region	(588,452)
Gross Profit by customer region	$ (90,272)
GP% by customer region	(18.00%)
South America [Member]
Segmented Information (Details) - Schedule of Revenues by Customer Region [Line Items]
Revenues by customer region	$ 1,188,838
COGS by customer region	(1,217,762)
Gross Profit by customer region	$ (28,924)
GP% by customer region	(2.00%)

Commitments (Details)

Commitments (Details)	3 Months Ended
	Jun. 30, 2023 USD ($)
Commitments [Abstract]
Company holds interest	70%
Accrued interest amounting	$ 675,083

Commitments (Details) - Schedul

Commitments (Details) - Schedule of Lease Assets are Categorized as Right of Use Assets	3 Months Ended
	Jun. 30, 2023
London, United Kingdom [Member]
Commitments (Details) - Schedule of Lease Assets are Categorized as Right of Use Assets [Line Items]
Long-term premises lease	London, United Kingdom
Lease commencement	Apr. 01, 2019
Lease expiry	Dec. 25, 2023
Term (years)	3 years 9 months
Discount rate	4.50%	[1]
Shanghai, China [Member]
Commitments (Details) - Schedule of Lease Assets are Categorized as Right of Use Assets [Line Items]
Long-term premises lease	Shanghai, China
Lease commencement	Mar. 01, 2020
Lease expiry	May 31, 2025
Term (years)	5 years 3 months
Discount rate	4.65%	[1]
[1] The Company determined the discount rate with reference to mortgages of similar tenure and terms.

Commitments (Details) - Sched_2

Commitments (Details) - Schedule of Lease Cost - USD ($)		3 Months Ended
		Jun. 30, 2023	Jun. 30, 2022
Schedule Of Lease Cost Abstract
Operating lease expense	[1]	$ 123,923	$ 109,737
[1] Including right of use amortization and imputed interest. Lease payments include maintenance, operating expense, and tax.

Commitments (Details) - Sched_3

Commitments (Details) - Schedule of Premises Lease Agreements With Minimum Annual Lease Payments	Jun. 30, 2023 USD ($)
Schedule Of Premises Lease Agreements With Minimum Annual Lease Payments Abstract
2024	$ 37,352
2025	45,577
2026
2027
Thereafter
Total future minimum lease payments	82,929
Imputed interest	(4,510)
Operating lease obligations	$ 78,419

Income Taxes (Details)

Income Taxes (Details) $ in Millions	3 Months Ended
	Jun. 30, 2023 USD ($)
Income Taxes [Abstract]
Percentage of tax benefit	50%
Net operating losses	$ 18.9
Losses available	$ 7.5

Income Taxes (Details) - Schedu

Income Taxes (Details) - Schedule of Components of Income Before Income Taxes - USD ($)	3 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Income Taxes (Details) - Schedule of Components of Income Before Income Taxes [Line Items]
Net loss before taxes	$ 2,962,785	$ (3,123,406)
United States [Member]
Income Taxes (Details) - Schedule of Components of Income Before Income Taxes [Line Items]
Net loss before taxes	(5,539,280)	2,113,373
Foreign [Member]
Income Taxes (Details) - Schedule of Components of Income Before Income Taxes [Line Items]
Net loss before taxes	$ 8,502,065	$ (1,010,033)

Income Taxes (Details) - Sche_2

Income Taxes (Details) - Schedule of Income Tax Benefit at the Statutory Rates - USD ($)	3 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Schedule of Income Tax Benefit at the Statutory Rates to Income Tax Benefit at the Companys Effective Tax Rate [Abstract]
Net income (loss) before taxes	$ 2,962,785	$ (3,123,406)
Statutory tax rate	21%	21%
Expected income tax expense (recovery)	$ 622,185	$ (655,915)
Permanent differences and other	213,650	121,545
Foreign tax rate difference	318,709	(861)
Change in valuation allowance	(1,154,544)	535,231
Income tax provision
Current
Deferred

Subsequent Events (Details)

Subsequent Events (Details)	Jul. 03, 2023 USD ($) shares	Jul. 03, 2023 EUR (€) shares	Aug. 01, 2023 USD ($)	Aug. 01, 2023 EUR (€)
Subsequent Events (Details) [Line Items]
Daily basis rate			$ 9,525	€ 7,500
Subsequent Event [Member]
Subsequent Events (Details) [Line Items]
Share in the company	2,250,000	2,250,000
Cash	$ 2,567,200	€ 2,000,000
Payable amount	1,797,040	1,400,000
Payable pro rata	$ 770,160	€ 600,000